BRRR Opportunity in Lancashire
About this property
A 2-bedroom freehold house in Lancashire offering a solid Buy, Refurbish, Rent, Refinance opportunity with value-add potential.
The property extends to approximately 66 sqm and provides a straightforward refurbishment opportunity to improve rental appeal, uplift the value, and retain as a long-term rental asset.
With a projected £135,000 GDV and 24% ROCE, this deal is well suited to investors looking for a manageable BRRR project with positive monthly cashflow after refinance.
Key Financials
▪ Purchase price: £80,000
▪ Current value: £90,000
▪ GDV: £135,000
▪ Refurb costs: £18,960
▪ Money left in after refinance: £17,926
▪ Monthly rent: £800
▪ Monthly profit: £337.50
▪ Annual profit: £4,050
▪ Yield: 7%
▪ ROCE: 24%
A strong entry-level BRRR opportunity with scope to add value, refinance, and retain a cash-flowing rental property.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.